Saudi security forces kill oil province attacker

Saudi security forces shot and killed a man who was among a group that opened fire and hurled a fire-bomb at a police station in the oil-rich Eastern province, the official Saudi Press Agency (SPA) said on Saturday. The agency also quoted an Interior Ministry spokesman as saying that four members of the security forces […]

Fed officials warn of looming problems for economy

The Federal Reserve is open to taking further action to support the struggling U.S. economy. But minutes of the Fed’s June meeting show policymakers at odds over whether the economy needs more help now. Fed officials signaled their concern that the struggling U.S. economy could worsen if Congress fails to avert tax hikes and across-the-board […]

Russia sends warships to Syria

Russia despatched a flotilla of warships to its naval base in the Syrian port of Tartus on Tuesday in an apparent show of support for President Bashar al-Assad. Two destroyers and three amphibious landing vessels carrying marines set sail from Russian bases in the Arctic and the Black Sea, according to Russian military sources. Russia’s […]

The Impact of China’s Rising Assertion in South China Sea

The South China Sea dispute between China and several of the Association of Southeast Asian Nations (ASEAN) countries has brewed for many years, but the recent face-off with Vietnam and the Philippines have made one thing clear: Beijing is becoming more assertive with regards to its territorial claims. On June 25, 2012, state-backed China National […]

Michael T. Klare on Antiwar Radio

Michael T. Klare, professor and author, is interviewed on Antiwar Radio discussing his recent article “Is Barack Obama Morphing Into Dick Cheney?”, the Bush and Obama administrations’ striking policy similarities on oil geopolitics, peak oil theory and the disappearance of “easy” oil. Includes discussion of Cheney’s National Energy Policy of 2001, which advised more oil […]

Endgame in Syria and Iran Risks War with China and Russia

Third World War looms as reserve currency petrodollar teeters. Dominique de Kevelioc de Bailleul of Beacon Equity Research predicts that the coming conflict with Syria will be the trigger event that takes down the U.S. dollar. A military response to Syria and Iran would likely draw in Russia and China, he warns, and the result […]

Iran sets up private oil export to beat sanctions

An official says Iran has set up a private oil export group in an attempt to bypass a European ban on buying Iranian oil. The ban is part of Western sanctions aimed at pressuring Iran over its nuclear program. Hasan Khosrowjerdi, head of the Iranian oil products exporters union, said Monday the first contract for […]

Coalition Led by Pro-Western Official Claims Lead in Libya’s Election

A coalition led by a Western-educated political scientist appeared on Sunday to be beating Islamist parties in Libya’s first election of the post-Qaddafi era, standing apart from an overwhelming Islamist wave sweeping across neighboring Egypt, Tunisia and Morocco in the aftermath of the Arab Spring uprisings. The preliminary results, characterized by independent monitors and party […]

Protest Turns Deadly In Qatif As Saudis Use Live Ammo On Protesting Shi’ites

Remember Qatif – the “weakest” Saudi authoritarian link, whose daily protests, many of them violent, threatened to topple the government last spring when soaring global food inflation set the MENA region on fire and led to the overthrow of numerous regimes in the Mediterranean rim? It’s back, only this time not based on food price […]

How changing the definition of oil has deceived both policymakers and the public

Everyone knows that world oil production has been running between 88 and 89 million barrels per day (mbpd) this year because government, industry and media sources tell us so. As it turns out, what everyone knows is wrong. It’s wrong not because the range quoted above can’t be found in official sources. It’s wrong because […]

Iran plans to sell oil via consortium, evade ban

Iran has reached agreements with European refiners to sell some of its oil through a private consortium, an official said on Saturday, a move designed to circumvent sanctions intended to put pressure on Tehran to halt its disputed nuclear programme. The head of the oil products exporters’ union said the agreement between the exporters’ union, […]

“Disaster Made In Japan”: Whitewash v. Reality, Still

On July 5, Japan brought its first nuclear reactor back on line, after having been nuclear-power free for two months. Its 50 functional reactors had been taken off line for maintenance but were not restarted due to a groundswell of opposition. The trailblazer is reactor number 3 at the Oi power plant owned by Kansai […]

US sends ships, planes to Persian Gulf

The United States has quietly moved significant military reinforcements into the Persian Gulf to deter the Iranian military from any possible attempt to shut the Strait of Hormuz and to increase the number of fighter jets capable of striking deep into Iran if the standoff over its nuclear programescalates. The deployments are part of a […]

Weaning off Middle East Oil Means Less Than you Think

One expects the crazy talk to come out during an election season, but reports that the US is close to being weaned off Middle Eastern oil and set to become “independent” purposefully fail to consider the fact that as long as America is dependent on oil it will be dependent on Middle Eastern supplies because […]

Susan Krumdieck: Getting a city to adopt a Peak Oil Plan

Susan Krumdieck gives an enthralling talk on getting Dundedin to adopt a Peak Oil Plan.

Iran says can destroy US bases “minutes after attack”

Iran has threatened to destroy U.S. military bases across the Middle East and target Israel within minutes of being attacked, Iranian media reported on Wednesday, as Revolutionary Guards extended test-firing of ballistic missiles into a third day. Israel has hinted it may attack Iran if diplomacy fails to secure a halt to its disputed nuclear […]

In the energy debate, is there hope for a “rational middle?”

The Kid’s Page in the July 3 Washington Post features a story with an intriguing headline: “Where does electricity come from? Hint: Not from that switch on your wall.” Documentary film maker Gregory Kallenberg, maker of the 2009 film “Haynesville,” found while promoting the movie that many adults were equally in the dark about vital […]

Iran Threatens to Block Tankers in Response to Oil Import Embargo

Following a European Union embargo on Iranian oil imports that came into effect on Sunday, the Iranian parliament today drafted a bill to block oil shipments to countries cooperating in punitive sanctions against the country. Around 17 million barrels of oil from Saudi Arabia, the United Arab Emirates, Kuwait and Iraq move through the Strait […]

Mapping out China’s South China Sea Oil Claims

It’s one thing to read of the disputed claims in the South China Sea involving China and every other country that lines the edges of this Asiatic body of water, and it’s another thing entirely to see a map that starkly demonstrates just how boldly and aggressively China is pushing its claims. Reading about the […]

US House approves sweeping package of energy bills

The US House approved a sweeping energy legislative package that supporters said would facilitate development of more domestic oil and gas, and opponents said would seriously gut environmental protections. HR 4480 passed by 248 to 163 votes, and its sponsor, Rep. Cory Gardner (R-Colo.), urged the US Senate to take it up promptly. “These bipartisan […]

Iran: There will be war — and we’ll win

Just days after the breakdown of talks with the West over Iran’s nuclear program, the deputy chief commander of the Revolutionary Guards announced that there soon will be war – and that Allah will ensure his forces are victorious. The last round of talks between Iran and the P5+1 (the United States, Britain, France, China, […]

Iran calls for extraordinary OPEC meeting

Sanctions-hit Iran on Saturday called for OPEC to hold an extraordinary meeting to rein in output going over its agreed total quota because oil prices have dipped to a “critical level” under $100 a barrel. “We have asked the secretary general to set up an extraordinary meeting as prices have become irrational,” Iranian Oil Minister […]

Jeremy Leggett: On the verge of an energy transition

Jeremy leggett explaining how British politicians have our best interests at heart! ASPO2012

China’s One-Child Policy Faces New Challenges

Graphic online photographs of seven month-pregnant Feng Jianmei lying prostrate on a hospital bed next to a bloody foetus have created outrage in China over the brutal enforcement of the controversial one-child-policy. The husband of the woman whose forced late-term abortion caused uproar worldwide has gone missing, according to his family. Feng’s husband Deng Jicai’s […]

US clears China, Singapore from Iran oil sanctions

The Obama administration on Thursday cleared China and Singapore from possible U.S. economic penalties, citing their sharp cuts in imports of Iranian oil, as an American deadline arrived for banks to stop processing petroleum transactions with Tehran. Secretary of State Hillary Rodham Clinton commended the two Asian countries for “significantly” reducing the oil purchases and […]

How Oil Has Driven Global Conflict For The Past 100 Years

Michael T. Klare recently gave a presentation titled “The Geopolitics of Oil: Old and New” at the Association for the Study of Peak Oil conference in Vienna, in which he speaks about how no other substance in the world is as closely aligned with geopolitics as oil is. Klare describes the geopolitics of oil — the intersection […]

Nuclear Fusion Funds on Chopping Block

It’s a dream many scientists have been pursuing for decades, but for some of them, President Obama’s proposal for next year’s pared-down budget marks a step backward. The Washington Post reports that the president’s budget request cuts domestic fusion research by 16 percent, or $48 million. That would mean the closure of a Department of […]

U.S. to open more of Arctic Ocean to oil, gas drilling

Even as the first offshore drilling in the Arctic in nearly two decades is poised to get underway, Obama administration officials said Tuesday they are preparing to open additional areas of the Arctic Ocean to oil and gas exploration. Such exploration will be part of a “targeted leasing” strategy that will place a few of […]

US and Israel to hold largest ever joint military exercise

Israel and the US are set to hold their largest ever joint military exercise in October, featuring thousands of soldiers and advanced anti-missile defense systems, and simulating simultaneous fire from Iran and Syria. News of the drill comes amid ongoing violence in Syria, and with Israel and the US closely discussing the means to thwart […]

Why oil prices are keeping Putin up at night

My mom out in California is elated — gasoline prices in her neighborhood are below $4 a gallon for the first time in four months. Less so are the world’s petro-rulers, who are watching the price of oil — their life blood — plunge at a rate they have not experienced since the dreaded year 2008. Industry […]

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